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Lyxia / Xiaozao Tech has just completed their round of funding bringing $17.1M for the development of their commercial-scale microalgae cultivation facility in Fangchenggang, Guangxi Province, China.

The facility will be purpose-built for large-scale production of the microalgae Nannochloropsis salina and downstream extraction, isolation and purification of valuable molecules of biological interest from N. salina.

We will be focusing on fuel and protein production using large scale cultivation strategy in the next few years.